Saad Ullah
XRP is entering a decisive phase as price compresses around a long-standing resistance area. Maxi noted that the "next impulse" may be approaching - a view that aligns with the current structure showing consolidation before a potential expansion.
The Zone That Continues to Cap XRP Price
The chart highlights a clear horizontal resistance zone around the $1.10-$1.30 region, where XRP is currently trading.
This level has acted as a key barrier in the past, with price repeatedly reacting around it. The latest move shows XRP pulling back into this zone after a recent rally, suggesting that it is now being tested as support rather than resistance.
This type of behavior - flipping a key level from resistance to support - is often a defining moment in technical analysis.
A Pullback That Fits the Structure
After pushing higher toward the $3 region earlier in the move, XRP has retraced back into the highlighted zone.
The structure shows a corrective phase following an initial impulse, with price forming lower highs during the pullback. However, the decline has slowed as it approaches the same horizontal level, indicating that selling pressure is not accelerating.
This aligns with broader XRP technical patterns, where consolidation phases often precede expansion moves once key levels are reclaimed or held.
The Setup Suggesting Expansion
The chart includes a projected wave structure pointing toward a potential impulsive move higher.
While projections are not confirmations, they reflect the idea that the current phase is corrective rather than trending lower.
If the zone continues to hold, the structure suggests a transition from pullback into a new upward leg. Similar long-term setups have been observed in XRP analysis, where extended consolidation phases led to large expansion moves targeting higher price ranges.
The Signal Traders Are Waiting For in XRP
The key element now is whether XRP can hold this zone and begin moving higher.
There is no confirmed breakout yet, and price remains within a defined range. This keeps the market in a neutral state - not breaking down, but not yet expanding either.
Momentum is not gone - only paused - as the market prepares for its next impulse.
XRP is now positioned at a technical inflection point where compression around a major level is building toward a larger move. As previous XRP cycle analysis has shown, these compression phases can resolve into significant directional moves once the structure completes.
The structure is in place - what remains is confirmation.
Saad Ullah
